# PPP loan: TOVAR FARMS LLC
> **$302K** approved 06/02/2020 · Paid in Full · Loan `6957467802`
## Borrower
- **Name:** TOVAR FARMS LLC
- **Address:** 16165 S Ave G, SOMERTON, AZ, 85350-7311
- **NAICS:** 111998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Rent:** $38K
- **Utilities:** $38K
- **Jobs reported:** 25
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*